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Five Rules for Collecting Late Payments

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BAYODE, Olusegun Mikhail Sep 6, 2010 7:44 AM GMT Late payment by big companies demand for more flexibility in the array of options that can be adopted. There are times the supplier may have to demand for the company's moving products in exchange for the value of debt. Alternatively, supplier may have to adopt "work-with-arrangement" whereby by he helps the debtor company row past the rough in order to increase chances of fund recovery in furture. "Warehouse bonding" is another method of addressing late payment.
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angel Sep 5, 2010 5:10 AM GMT do learn some economic knowledge .Hope everyone can collect his or her late payments.
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MICHAEL Sep 2, 2010 10:17 AM GMT BRAVO MONICA, AND WELL DONE, HEADS UP FOR THE SINGLE LARGEST EMPLOYERS IN AMERICA "SMALL" BUSINESS, THANKS , MORE PLEASE, MIKE C.
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Monica Mehta Sep 1, 2010 9:38 PM GMT Kelly, email me (mm@seventhcapital.com) more details. I will get you feedback.
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Kelly Sep 1, 2010 7:02 PM GMT Just out of curiosity, how would you recommend handling late payments or refusals to pay in the healthcare services industry? The only real recourse we have is to evict someone from our facility, but this can be a difficult process because we must ensure the resident has a place to go, even if they refuse to pay us. Often, court fees are as high as the rent we have not been paid, making it not worthwhile.
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